This is also being hinted at by gold in GBP sitting around about the 200dma. If gold goes nowhere/falls in USD, the bounce off the 200dma that gold in GBP usually gets would be powered by a fall in GBPUSD.

Sadly not - it's a mutual fund.
http://www.google.co.uk/finance?q=MUTF_GB%3ACF_RUFF_BAKE_15AYRK5
Had a very poor 2011 (-30%), but had an awesome run from the lows of late 2008. I remember Jonathan Davis (of recent podcast fame) talking about these guys very favourably in the heady days of HPC.